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mmoy

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mmoy

Re: Joey Smith post# 68066

Monday, 09/29/2008 7:05:26 PM

Monday, September 29, 2008 7:05:26 PM

Post# of 151823
The chart looks like hell. Next support is $16. I don't see anything particularly bouncy about the chart. We closed on the low of the day.

If the Fed does a big repopump in the morning and there are other good fundamental factors, then a buy is a consideration but it may be better to buy the bounce instead of trying to time the bottom.
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